Headlines News :
Home » » Alam formed a bullish harami after matching low.

Alam formed a bullish harami after matching low.

Written By Unknown on Wednesday 7 November 2012 | 10:44:00 pm

Alam retrace to 0.715 after forming at shooting star at the peak at 0.75 .. After forming 2 days of matching low it ended up with a bullish harami cross.. What is Harami Cross?? Click here




Indicators
1) Trendline - Broke above the Uptrendline (Bullish)
2) Support/Resistance - Formed higher high  (Bullish)
3) MACD -Waiting for 4R1G and both line are meeting each other.
4) RSI - Rebound from 70% and inclining (Bullish)
5) STO - Hovering around 80%. If rebound above it will be bullish
6) Ichimoku - a) Above  support cloud (Bullish).
                       b) Conversion line above the base line (Bullish).
                       c) Price above the baseline ( Bullish)
7) Candlestick - Harami Cross after matching low ( Bullish).






Conclusion:
Bullish -
E ( Entry) :0.74 ( Closed at or above it)
S ( Stop Loss) : 0.715  
P ( Profit) :0.77
RRR (Risk to Reward Ratio) = 0.83 (RISKY)



Resistance at 0.715 / 0.735 / 0.78 / 0.79 / 0.815 
Support   at 0.695 / 0.67 / 0.645 / 0.59
Share this article :

2 comments:

  1. Hi friend,

    Not Bullish Harami BUT A BEARISH HARAMI....watchout for waterfall after the big boys have unloaded.

    ReplyDelete
  2. Jinsim.. I thought Bearish Harami is suppose to be a doji and and black candle after a previous white candle..

    Now is a Black Candle followed with a cross on the middle..

    ReplyDelete

MY WATCH LIST

Check out my current investment

The Stock Library Chat

SPONSOR

KLSE

The Edge Malaysia Business & Markets

Business Times : latest

Followers

Network Follower

 
Support : Creating Website | Johny Template | Mas Template
Proudly powered by Blogger
Copyright © 2011. The Stock Library - All Rights Reserved
Template Design by Creating Website Published by Mas Template